Fortum Group (old news and as of today still waiting)
In February 2014, Fortum signed a leasing agreement with the UK-based Wave Hub
in order to test wave power solutions off the coast of Cornwall. The agreement
provides Fortum with a new opportunity to rapidly deploy advanced, full-scale
wave power converters in ocean conditions. The wave power solution that Fortum
is currently evaluating to be deployed at the site is Wello's ‘Penguin’.
Cheers
CWE Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held